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25.04.2014 Three-four billion dollars needed to upgrade Ukraine’s gas pipelines - minister

$ 3-4 billion is needed for the top-priority stage of the Ukrainian gas transportation system modernization, Energy and Coal Industry Minister Yuriy Prodan told journalists, Ukrinform reported on April 24.

24.04.2014 Ukraine in talks with Europe on new gas consortium

Ukraine has forwarded proposals to European gas companies to set up a natural gas transportation consortium to help modernize and maintain the Ukrainian gas system, Yuriy Prodan, the Minister of Energy and Coal Industry, said on April 23, ITAR-TASS has reported.

04.04.2014 EU to buy Ukrainian pipelines – Russian official

European companies are planning to create a consortium and buy the Ukrainian gas transportation system, Ivan Grachev, chairman of the Energy Committee in the State Duma (lower house of the Russian parliament), said on Thursday, April 3, Itar-Tass has reported.

03.04.2014 Polish PGNiG terminates contract on gas storage facility expansion

Polskie Górnictwo Naftowe i Gazownictwo SA has terminated its agreement with the consortium carrying out the construction work at the Wierzchowice Underground Gas Storage Facility, citing non-performance and defective performance of the agreement in conflict with its pro

28.03.2014 No clarity on Kazakhstan’s Kashagan oilfield restart date

A consortium developing Kazakhstan's $50 billion Kashagan oilfield said the result of a probe into a toxic gas leak there was now expected in the second quarter, extending the closure of one of the world's biggest oil finds, Reuters reported on March 27.

03.03.2014 Kazakhstan hopes for Kashagan restart soon

Kazakhstan's Prime Minister Serik Akhmetov said on February 28 he hoped that the country's giant offshore oilfield Kashagan could restart output within months and produce 3 million tonnes of crude by the end of the year, Reuters has reported.

12.02.2014 Ukraine looks for investors for pipeline consortium

The Ukrainian cabinet plans to finally determine the membership of investors in the consortium for Ukrainian gas transit network upgrade by the end of the current year, Ukrinform reported on February 11, citing acting Energy and Coal Industry Minister Eduard Stavytsky as

28.01.2014 Consortium to invest up to $500 million in Brazil’s Libra oil field

Brazil's state-run oil company Petroleo Brasileiro SA said that a consortium led by it would invest $400 million to $500 million this year in Brazilian offshore oil field Libra, as part of its efforts to generate revenue from its lucrative deepwater deposits, China Daily

26.11.2013 Ukraine Expects Gazprom to Cut Gas Price - Newspaper

Kyiv intends to achieve from Gazprom a price of USD 250-260/1,000 cubic meters in exchange for the creation of a gas transportation consortium in a trilateral format, Ukrinform has reported, citing an article from Kommersant-Ukraine published on November 25.

22.10.2013 China’s CNOOC to Develop Brazil Field as Part of Consortium

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced on October 22 that the Company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing contract to develop the Libra pre-salt oil disco